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UST to Expand Sri Lanka Operations Following Tailwind Acquisition

UST Acquires Leading Fintech Innovator Tailwind Acquisition of key Texas and Brazil-based firm increases UST’s standing in the rapidly growing market for digital banking solutions and support services  UST, a leading AI and technology transformation solutions company, has acquired Texas based fintech company Tailwind Business Ventures, strengthening its position in a dynamic sector while also expanding its presence…

(0)Comments | January 20, 2026 6:37 am

Baladaksha Mawatha flyover, worth Rs. 3.2 billion, was declared open

The Baladaksha Mawatha flyover was declared open to the public today (19). Constructed to facilitate traffic from Galle Face towards Chittampalam A. Gardiner Mawatha in Kompanna Vidiya, the flyover is 340 metres long and 11 metres wide. This is the third flyover completed under the flyover development project aimed at reducing traffic congestion in Colombo….

(0)Comments | January 19, 2026 2:18 pm

UK Grants Major Trade Advantage to Sri Lanka’s Apparel Sector Through Liberalised DCTS Rules

The United Kingdom remains one of Sri Lanka’s most important trading partners and is currently the second-largest export destination for Sri Lankan goods. In a significant move to strengthen trade relations with developing countries, the UK introduced the Developing Countries Trading Scheme (DCTS) with effect from 19 June 2023, granting preferential market access to 65…

(0)Comments | January 19, 2026 1:20 pm

Sarvesh Suri Named IFC’s new Regional Vice President for Asia and the Pacific

Two New Division Directors Added to Support the Region Sarvesh Suri is named IFC’s Regional Vice President for Asia and the Pacific, bringing 25 years of global investment and development expertise as well as a proven track record of fostering public-private collaborations. In making the announcement, IFC confirmed that Suri will strategically lead all investment…

(0)Comments | January 19, 2026 10:51 am

Police issue warning on fraudulent money transfers using social media and phone calls

It has been observed through complaints received at various police stations across the island that individuals are being deceived into fraudulently transferring money to accounts linked to organized smugglers and criminals. These scams are carried out by falsely claiming to offer overseas and local job opportunities, prize winnings, or by making false allegations of legal…

(0)Comments | January 19, 2026 10:43 am

Sri Lanka Manufacturing and services activities expand in December 2025

Sri Lanka Purchasing Managers’ Index for Manufacturing (PMI – Manufacturing) recorded an index value of 60.9 in December 2025, indicating a continued expansion in manufacturing activities. All sub-indices contributed positively to this increase, mainly supported by seasonal demand, despite adverse weather-related disruptions experienced at the beginning of the month. Sri Lanka Purchasing Managers’ Index for…

(0)Comments | January 19, 2026 9:12 am

First Capital to unveil Sri Lanaka’s Economic Outlook and Investment Strategies for 2026 at the 12th Investor Symposium

First Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s investment landscape, is set to host the 12th edition of its renowned ‘First Capital Investor Symposium’ on 22 January 2026 at Cinnamon Life Colombo, starting from 5.30 pm onwards. The 12th Edition will focus on Sri…

(0)Comments | January 19, 2026 8:13 am

Stocks skid in Asia, dollar dips on trade war risk

Reuters – U.S. stock futures slid on Monday after President Donald Trump threatened to slap extra tariffs on eight European nations until ​the U.S. is allowed to buy Greenland, pushing the dollar down on the safe-haven yen and Swiss franc. Gold and silver both jumped ‌to all-time highs, while oil slipped on concerns about what an all-out trade war…

(0)Comments | January 19, 2026 7:20 am

10 of 30 key Presidential promises met, 10 more in progress by November: Anura Meter

Manthri.lk updates Anura Meter with Budget 2026  President Anura Kumara Dissanayake had met 10 of his key election promises by November 2025, while 10 more were in progress, 9 had shown no progress, and 1 had failed, according to the latest update of the ‘Anura Meter’ manifesto tracker.  The assessment monitored 30 key promises made in the 2024 presidential…

(0)Comments | January 19, 2026 6:53 am

Emirates serves up a winning partnership with world no. 1 tennis player Aryna Sabalenka

Sabalenka reveals first tennis inspired Grand Slam tennis livery on A380 Emirates has announced a landmark partnership with the world’s No. 1 tennis player, Aryna Sabalenka, who becomes the airline’s first tennis ambassador. The milestone builds on Emirates’ longstanding commitment to tennis as the Official Airline of all four Grand Slams worldwide. To mark the occasion, Sabalenka unveiled…

(0)Comments | January 16, 2026 4:34 pm

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